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20130101
Search Results 0 to 9 of about 10 (some duplicates have been removed)
, the american people. this basket of problems is what washington calls the fiscal cliff. you've been hearing for months now about the cliff crisis. you've heard a lot about whether or not it will matter, you've heard about the offers and the counteroffers president obama and house speaker john boehner put on the table. if you live in the game area, you're going to be reading about the cliff whether you like it or not. we at starbucks have an opportunity and i believe a responsibility to use our company's scale for good, by sending a respectful and optimistic message to our officials to come together and reach important ground. this week, through december 28th, partners at our washington, d.c., area stores are writing come together on customer's cups. i am hugely in favor of this new starbucks initiative. not because i think writing come together on coffee cups will bring anybody in washington together, i have an embarrassing coffee order, i'm hoping they will write over my order and people won't judge me. >>> i want to step back and give you five things to remember this week. think of it as
to remember this week. think of it as fiscal cliff notes. number one, there is a giant misconception to clear up. the thing people call the fiscal cliff, it equals too much austerity too quickly. this drives me up the wall. people seem to think the fiscal cliff is fix the debt. the problem with the fiscal cliff, the thing we're trying to avoid, the actual danger to the economy, is that we will get too much deficit reduction too quickly. if reducing the deficit was what the economy needed we could go right off the cliff and leave it there. you can see it in this graph, that line going down. that is the fiscal cliff, we went over our deficit problems, gone baby, totally, totally gone. one thing the fear of the fiscal cliff shows by the way, in the fox hole, everyone's a kinsian. everyone agrees. that is number one. too much austerity way too quickly. president obama is not asking for that much in taxes. it's worth getting a bit of perspective in here. you'll be shocked to know, we got a graph for that. here's what happens if we go over the cliff. you get more than $5 trillion in tax increases o
in the fiscal cliff fight. i put my faith in them to continue to raise this flag and to say, we cannot let congress leave washington without taking care of these folks. >> john nichols, as always, thank you so very much, my friend. that's it for the ed show. ezra klein is filling in for rachel tonight. always good to see you, my friend. >> good to see you too, and happy friday. and thanks to you at home for sticking around for the next hour. rachel's got the night off, but we learned something huge today. we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it i
over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> allow me a quick update here. that press conference, it came after president obama met with john boehner and nancy pelosi and harry reid and mitch mcconnell, so all the key congressional leaders. and listen to the president here. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable. why everything always has to wait until
. not with the fiscal cliff. luckily for you, we here at "the rachel maddow show," we have been paying attention. we have had absolutely no other choice, unfortunately. and we are here to help you and everyone else trying to figure out how we got to this point we are in. right after that election, the day after the election, in fact, your new colleagues got to work immediately on the cliff. the day after the collection, republican house speaker john boehner put out this stirring call to action. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. we want you to lead. not as a liberal or conservative but as president of the united states of america. >> mr. president, we are ready to be led. just show us the plan. that was encouraging. that seemed like we were going to have a deal, no problem. obama won the election. he'll hand them a plan. he'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geith
Search Results 0 to 9 of about 10 (some duplicates have been removed)